First Trust has launched the First Trust New Constructs Core Earnings Leaders ETF today, which tracks the Bloomberg New Constructs Core Earnings Leaders Index. The ETF, trading under the ticker $FTCE, aims to provide investors with a new option for tax-efficient investing. The launch is part of a broader trend in the ETF market, with other firms like Cambria and ETF Architect also introducing tax-aware ETFs.
🚨 New ETF tracking the Bloomberg New Constructs Core Earnings Leaders Index from @ftportfolios starts trading today under the ticker $FTCE. A new blog with more details on the motivations behind this index is forthcoming. Stay tuned. https://t.co/odkew7kDoZ https://t.co/dhrAAu69oL
First Trust Launches First Trust New Constructs Core Earnings Leaders ETF @business @ftportfolios https://t.co/4FBpnsy4M5
Now this is interesting… Cambria partnering w/ ETF Architect to launch Cambria Tax Aware ETF (TAX). “Allows individual investors to seed launch of ETF w/ their separate account investments & exchange their existing investment holdings for the new, tax-efficient ETF.” 👀 https://t.co/5c7JBG0zkw